Principal Global Investors Funds - Preferred Securities Fund A Hedged Acc EUR header image

Principal Global Investors Funds - Preferred Securities Fund A Hedged Acc EUR

Fund

ISIN IE00B00Z9M92 / Valor 3707656

NAV (2024-10-21)
EUR 18.17-0.11%

Principal Global Investors Funds - Preferred Securities Fund A Hedged Acc EUR
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General Objective

The fund seeks to provide an income return consistent with capital preservation by investing primarily in a portfolio of U.S. dollar denominated preferred securities and debt securities, with the majority of these securities rated as investment grade. Any exposure to currencies other than the US dollar will be hedged back to US dollars.

Fund Exposure

The fund is characterized by its exposure to asset classes such as preferred securities and debt securities, with a focus on U.S. dollar denominated instruments. The sector breakdown includes allocations to banks, insurance, utilities, energy, financials, REITs, telecommunications, industrials, and other sectors. Geographically, the fund is allocated to the United States, Canada, Great Britain, Switzerland, France, Japan, Ireland, Netherlands, Spain, Finland, Australia, Germany, Sweden, and other countries.

Risks

Investors should be aware of the risks associated with investing in the fund, including credit risk, interest rate risk, currency risk, and market risk. The fund's performance may be impacted by changes in credit ratings, interest rates, exchange rates, and overall market conditions. It is important for investors to carefully consider these risks before investing in the fund.

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Source

https://www.principal.com.hk/products/mutual-funds/principal-preferred-securities-fund-class-acc-units-usd

Tags:
convertible bonds bloomberg barclays us aggregate bond index preferred securities

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OTHER SHARE CLASSES OF THIS FUND

Principal Global Investors Funds - Preferred Securities Fund A Hedged Acc CHF
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Annual Return

-50%0%+50%

Risk level

110
-0.17%CHF 11.51
Principal Global Investors Funds - Preferred Securities Fund A Hedged Inc CHF
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Annual Return

-50%0%+50%

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Principal Global Investors Funds - Preferred Securities Fund N Hedged Acc GBP
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Annual Return

-50%0%+50%

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110
-0.22%GBP 9.26
Principal Global Investors Funds - Preferred Securities Fund A2 Inc Plus USD
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Risk level

110
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Principal Global Investors Funds - Preferred Securities Fund A2 Hedged Inc Plus SGD
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Annual Return

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Risk level

110
-0.10%SGD 10.18
Principal Global Investors Funds - Preferred Securities Fund I Hedged Inc EUR
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Annual Return

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Principal Global Investors Funds - Preferred Securities Fund F Acc USD
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Annual Return

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-0.15%USD 26.45
Principal Preferred Secs N Hdg Inc GBP
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Annual Return

-50%0%+50%

Risk level

110
-0.15%GBP 6.68
Principal Global Investors Funds - Preferred Securities Fund I Inc USD
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Annual Return

-50%0%+50%

Risk level

110
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Principal Global Investors Funds - Preferred Securities Fund F Inc USD
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Annual Return

-50%0%+50%

Risk level

110
-0.18%USD 11.24